Gold Slightly Up On Technical Bounce, Weaker Equities
Gold prices were ending the U.S. day session slightly higher Wednesday, on some more short-covering in the futures market and on some technical chart consolidation after prices hit a four-week low early on.
Read more‘Helicopter Money’ Is Making A Comeback Says Frank Giustra
The Federal Reserve has backed itself into a corner, which means it might be time for quantitative easing to make a comeback, this according to mining maverick and Fed critic Frank Giustra.
Read moreStandard Chartered Looks For $1,300/Oz Gold In 4Q
Standard Chartered upped its gold forecast Wednesday, saying there is a greater probability of the precious metal ending the year at $1,300 an ounce than $1,200.
Read moreSantaCruz Silver Signs Option To Consolidate Properties
Santacruz Silver Mining Ltd. (TSXV: SCZ) reports that it has signed an agreement, along certain private Mexican companies, in which it will receive an option from Contracuña to purchase a 100% interest in the Veta Grande and Minillas properties for $15.5 million.
Torex Delivers High-Grade Sub-Sill Ore To Processing Plant
Torex Gold Resources Inc. (TSX: TXG) announces that the sub-sill access ramp has entered into high-grade mineralization at the sub-sill underground deposit associated with its El Limon-Guajes Mine in southwest Mexico.
Read moreIamgold Completes Sale Of 30% Interest In Côté Gold Project
Iamgold Corp. (NYSE: IAG; TSX: IMG) announces completion of the previously announced sale of a 30% interest in the Côté gold project to a subsidiary of Japan’s Sumitomo Metal Mining Co., Ltd. for $195 million.
Pretium: First Gold Poured At Brucejack Mine
Pretium Resources Inc. (TSX: PVG; NYSE: PVG) reports the first gold pour at the Brucejack Mine in British Columbia.
Read moreSuperior Gold Receives Approval To Develop Hermes Project
Superior Gold Inc. (TSXV: SGI) has received approval from the Department of Mines and Petroleum of Western Australia for development and operation of the Hermes project
Read moreGoldcorp Announces Sale Of Camino Rojo Oxide Project
Goldcorp. Inc. (TSX: G; NYSE: GG) officials say the company has entered an agreement to sell its 100% interest in the Camino Rojo oxide project, located in Mexico
Read moreAnalysts: Fed Comments Holding Back Gold Prices
Influential U.S. Federal Reserve officials have sounded a hawkish tone on interest rates so far this week, which has dented gold prices, even though financial markets appear reluctant to factor in a significantly higher probability of another rate hik…
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